Chuck Le Beau's System Traders Club

System Results Report

Serendipity 1.1  UA.LNG-Daily   01/04/88 - 04/30/99			 

	Performance Summary:  All Trades		 

Total net profit	$  67031.25	Open position P/L	$      0.00
Gross profit    	$ 111843.75	Gross loss      	$ -44812.50

Total # of trades	     140	Percent profitable	      68%
Number winning trades	      95	Number losing trades	      45

Largest winning trade	$   4806.25	Largest losing trade	$  -1475.00
Average winning trade	$   1177.30	Average losing trade	$   -995.83
Ratio avg win/avg loss	       1.18	Avg trade(win & loss)	$    478.79

Max consec. winners	      13	Max consec. losers	       3
Avg # bars in winners	       4	Avg # bars in losers	       3

Max intraday drawdown	$  -4593.75		 
Profit factor   	       2.50	Max # contracts held	       1
Account size required	$   4593.75	Return on account	    1459%


	Performance Summary:  Long Trades		 

Total net profit	$  38043.75	Open position P/L	$      0.00
Gross profit    	$  58200.00	Gross loss      	$ -20156.25

Total # of trades	      68	Percent profitable	      78%
Number winning trades	      53	Number losing trades	      15

Largest winning trade	$   2056.25	Largest losing trade	$  -1475.00
Average winning trade	$   1098.11	Average losing trade	$  -1343.75
Ratio avg win/avg loss	       0.82	Avg trade(win & loss)	$    559.47

Max consec. winners	       9	Max consec. losers	       2
Avg # bars in winners	       5	Avg # bars in losers	       4

Max intraday drawdown	$  -3325.00		 
Profit factor   	       2.89	Max # contracts held	       1
Account size required	$   3325.00	Return on account	    1144%


	Performance Summary:  Short Trades		 

Total net profit	$  28987.50	Open position P/L	$      0.00
Gross profit    	$  53643.75	Gross loss      	$ -24656.25

Total # of trades	      72	Percent profitable	      58%
Number winning trades	      42	Number losing trades	      30

Largest winning trade	$   4806.25	Largest losing trade	$  -1475.00
Average winning trade	$   1277.23	Average losing trade	$   -821.88
Ratio avg win/avg loss	       1.55	Avg trade(win & loss)	$    402.60

Max consec. winners	       6	Max consec. losers	       3
Avg # bars in winners	       4	Avg # bars in losers	       2

Max intraday drawdown	$  -3325.00		 
Profit factor   	       2.18	Max # contracts held	       1
Account size required	$   3325.00	Return on account	     872%

To view an equity chart based on the above trades go to:

 http://www.traderclub.com/systems_serendipity.htm

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS.  UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.  ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LACK OF LIQUIDITY.  SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.  NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.


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If you need more information send email to: 

serendipity@traderclub.com

Chuck Le Beau's System Traders Club 
http://www.traderclub.com 
mailto:chuck@traderclub.com 
ph 310-265-9776 
fax 310-265-9556

Good luck and Good trading.